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2022 Hyundai Ioniq 5 price and features: New electric SUV beats Kia EV6, Toyota bZ4X, Volkswagen ID.4 and Ford Mustang Mach-E to Australian launch

The Ioniq 5 is Hyundai Australia’s first dedicated all-electric model.

Hyundai first’s dedicated all-electric model, the Ioniq 5, will go on sale in Australia on September 27, with the new mid-size SUV to beat its rival to market, albeit by only be able to be ordered online initially due to limited supply but high demand from launch, including more than 120 deposits placed and 10,000 expressions of interest submitted.

With a first local allocation of up to 400 examples, the Ioniq 5 is offered in a single, highly specified grade with two powertrain options: a 160kW/350Nm single motor ($71,900 plus on-road costs) and a 225kW/605Nm dual motor ($75,900), dubbed 2WD (rear-wheel drive) and AWD (all-wheel drive) respectively.

Both variants come with a 72.6kWh lithium-ion battery, with the 2WD sprinting from a standstill to 100km/h in 7.4 seconds and providing 451km of WLTP-certified range, while the AWD takes 5.2s to hit triple digits and lasts 430km between charges.

Speaking of charging, a 10.5kW AC charger (with a Type 2 plug) can charge the shared battery from 10 to 80 per cent capacity in six hours and six minutes, while a 350kW DC fast charger can do the same job in just 17 minutes and 16 seconds. Regenerative braking is also supported, including a ‘one pedal’ mode.

Of note, the 2WD and AWD are optionally available with a 58kWh battery in other markets, so it’s possible Hyundai Australia will lower the Ioniq 5’s starting price in the future by not just introducing promised lower-specified grades, but also adding the alternative lithium-ion unit to the line-up. Stay tuned.

In the meantime, standard equipment in the Ioniq 5 includes LED lights, 20-inch alloy wheels, a glass roof, power-operated flush doorhandles, keyless entry, rear privacy glass, a hands-free power-operated tailgate and a 3.6kW Vehicle-to-Load (V2L) adaptor that allows devices to be charged while out and about.

Inside, push-button start, a 12.3-inch touchscreen multimedia system, satellite navigation, Apple CarPlay and Android Auto support, an eight-speaker Bose sound system, a 12.3-inch digital instrument cluster, a heated steering wheel, 12-way power-adjustable front seats with heating and cooling, two-way power-adjustable rear seats with heating, dual-zone climate control, leather-appointed upholstery, ambient lighting and rear sunshades feature.

Advanced driver-assist systems extend to front and rear autonomous emergency braking (with intersection assist), lane-keep and steering assist (with emergency functionality), adaptive cruise control (with stop and go functionality), speed limit recognition, high-beam assist, driver attention warning, active blind-spot monitoring (with cameras) and rear cross-traffic alert, remote park assist, surround-view cameras, front and rear parking sensors, Safe Exit Assist and Rear Occupant Alert plus seven airbags (including a front-centre).

To order one of the first examples of the Kia EV6, Toyota bZ4X, Volkswagen ID.4, Ford Mustang Mach-E, Nissan Ariya and Subaru Solterra rival, a $2000 deposit will need to be placed online, with each to be delivered by about 10 select members of Hyundai Australia’s dealer network, although 32 will provide aftersales support and servicing.

2022 Hyundai Ioniq 5 pricing before on-road costs

VariantTransmissionCost
2WDautomatic$71,900
AWDautomatic$75,900